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Guggenheim’s DiFucci Warns Microsoft Q3 Could Be a Mixed Bag Before April 29 Earnings

2026-04-28 15:10:53

John DiFucci of Guggenheim said Microsoft’s fiscal Q3 could be a “mixed bag” ahead of the April 29 earnings report and kept a $586 MSFT price target. DiFucci said Wall Street’s expectation for 37%–38% constant-currency Azure growth may be too high, even as broader analyst sentiment remains bullish.

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